EU Sanctions Against Russia Are Not Conducive To China'S Textile Exports.

In March this year, the United States and

Officially launched sanctions against Russia.

Subsequently, the Russian government also adopted a series of anti sanctions measures, and the friction between the two sides intensified.

The field of textile and clothing was also affected. First, the German sports brand Adidas decided to close several Russian branches and reduce the increase in store plans.

In Russia, there are more than 1000 branches, with annual sales of 1 billion euros, accounting for about 10% of the total.

Reducing the Russian market will cause a big blow to the brand.

Then Britain

NewLook announced the suspension of its expansion plan in Russia.

This year, NewLook has just deployed a new development plan. Russia is one of the 4 markets that it is preparing to focus on.

Appeasing Ukraine and threatening Russia.

The EU's further sanctions against Russia on the Ukraine crisis remain unresolved at the special summit on August 30th evening.

The 28 member states of the European Union are clearly divided in their attitude towards Russia.

EU leaders can only ask the executive authorities to "seize the time" to prepare for more sanctions.

While analyzing the EU's attitude toward Russia, the Reuters pointed out that EU leaders threatened sanctions against Russia, but they were afraid of a new "cold war".

At the same time, the European Union countries are also trapped in their "warm and cold" economic situation, so they hope to give Russia another chance to "return to peace".

Barroso revealed that in March this year, the European Union passed the package assistance package for Ukraine, which has mobilized more than 500 million euros in loans and 250 million euros in aid payments. It may also mobilize more than 1 billion euros in loans in the next few months.

Barroso pointed out that the situation in Ukraine has been "very serious" and hoped that Poroshenko will make every effort to restore peace in the eastern part of Ukraine.

In August 29th, Barroso talked with Russian President Putin on the situation in Ukraine.

He said on the phone that the European Commission is doing its best to help the parties solve the crisis. After all, it is not too late to find a political solution.

Barroso stressed that confrontation is not conducive to the interests of any side, and he expects Russia to change its course of action.

It is reported that due to the further increase in sanctions against Russia and the withdrawal of business from Europe and the United States, some international media and domestic media have made speculation that China will get the opportunity.

But in the eyes of Chinese businessmen who are engaged in trade with Russia's textile and clothing industry, there is another scene. The Russian market is not as good as it looks.